Huda Beauty said to be considering selling Kayali
Dubai-based cosmetics brand Huda Beauty is considering selling all or part of its fragrance brand Kayali.
Puig’s sales up 9.6% in first half
Puig has reported sales increased 9.6% in the first half of 2024 to €2.2bn.
Nordstrom family and El Puerto de Liverpool make takeover bid
Nordstrom has received an offer from the Nordstrom family and El Puerto de Liverpool to take the US-based department store operator private.
Ulta Beauty Q2 sales disappoint, lowers guidance
Ulta Beauty has reported net sales rose 0.9% to $2.6bn in the second quarter ended August 3, 2024
Kohl’s net sales fall in Q2, Sephora shop-in-shops perform strongly
Kohl’s has reported net sales fell 4.2% year-over-year to $3.5bn in the second quarter of 2024.
Unilever said to be selling Kate Somerville and REN
Unilever is said to be selling two of its prestige beauty brands, according to Sky News.
Macy’s net sales down 3.8% in Q2, lowers guidance
Macy’s has reported net sales fell 3.8% to $4.9bn in the second quarter of 2024.
Walmart said to have sold stake in JD.com
US-based retailer Walmart is said to have sold its stake in Chinese e-commerce player JD.com.
Coty revenue up 10% in 2024
Coty has reported total net revenues increased 10% (+11% like-for-like) in the fiscal year of 2024 to $6.11bn.
ELC fiscal 2024 sales down, predicts disappointing fiscal 2025
Estée Lauder Companies’ (ELC) sales for fiscal year ended June 30, 2024, fell 2% to $15.61bn, due to
Douglas Q3 sales up 7.3%, raises full-year guidance
German beauty retailer Douglas Group reported a 7.3% increase in sales
L’Oréal sales up 6.7% in Q2
L’Oréal’s sales in the second quarter rose 6.7% (+5.3% like-for-like) t
dsm-firmenich sales up 7% in Q2
dsm-firmenich reported a 7% increase in sales in the second quarter to €3.23bn, while adjusted EBITDA was up 26%
Hermès Perfume and Beauty sales up 5% in Q2
Hermès’ consolidated revenue in the first half of 2024 increased 12% at current exchange rates to €7.5bn.
TSG Consumer Partners invests in Summer Fridays
Private equity firm TSG Consumer Partners has invested in clean skincare and make-up brand Summer Fridays.
Unilever sales up 4.1% in first half
Unilever has reported underlying sales in the first half grew 4.1%.
L’Occitane to go private
L’Occitane International will delist from the Hong Kong’s stock exchange after a public offer received sufficient support.
LVMH Perfumes & Cosmetics sales up 4% in Q2, group profit falls 14% in H1
LVMH’s sales rose by 1% to €20.98bn in the second quarter as the group cited an uncertain...
Interparfums Q2 sales up 16%, to renew Van Cleef & Arpels license
Interparfums’ sales in the second quarter rose by 16% to €210m on the back of a strong fragrance market globally.
Givaudan sales up 12.5% in first half of 2024
Givaudan's sales for the first six months of 2024 were CHF 3.73bn ($4.19bn), a rise of 12.5% on a like-for-like basis.
Saudi Arabia Investment Fund offers to raise its stake in Selfridges
Saudi Arabia’s Public Investment Fund (PIF) has made an offer that would raise its stake in UK department store Selfridges to 50%, according to Bloomberg News.
Douglas Group raises sales forecast, sells online pharmacy business
Douglas Group has raised its net sales growth forecast for the current financial year 2023/24 from around 7% to around 8.5%.
Superdrug sales up 11.8% in 2023
Superdrug has reported sales rose by 11.8% to £1.52bn for the year 2023 (vs £1.36bn in 2022).
Arkhouse and Brigade up offer to acquire Macy’s
Arkhouse Management and Brigade Capital Management are said to have upped their bid to buy Macy's for around $6.9bn.
Anjac Health & Beauty invests in APR Beauty
French industrial group Anjac Health & Beauty has invested in Canadian company APR Beauty.
L’Oréal CEO predicts slower growth for beauty market due to weakness in China
L’Oreal’s CEO, Nicolas Hieronimus, has predicted slower growth for the overall beauty market this year due to weakness in China.
L’Occitane International’s sales exceed €2.5bn mark in 2024, profit declines
L’Occitane International reported net sales surpassed the €2.5bn mark to €2.54bn for the 2024 financial year ended March 31, 2024.
Sa Sa International turnover up 24.8% in 2023
Sa Sa International reported group turnover increased by 24.8% to HK$4.36bn ($558m) in 2023.
L’Occitane owner makes new offer to buy out company
L’Occitane International’s owner Reinold Geiger has made a new offer to take the cosmetics company private.
LVMH said to be planning sale of DFS Group
LVMH is said to be planning on selling travel retailer DFS Group this summer at the earliest, according to ION Analytics.